CP Capital Formalizes Warrant Issue Price at ₹151.44

Issue Price: ₹151.44 per warrant.
EGM Date: November 2, 2026.

Reader Takeaway: CP Capital aligns preferential issue terms with regulatory feedback, setting the stage for the crucial November 2 shareholder vote.

What just happened

The Preferential Issue Committee of CP Capital Limited has officially set the issue price for its proposed fully convertible warrants at ₹151.44. This follows a valuation report prepared by independent Registered Valuer Rohit Khandelwal on October 23, 2026. The committee also finalized a corrigendum to the original Extraordinary General Meeting (EGM) notice, which incorporates observations raised by the National Stock Exchange (NSE) on October 15, 2026.

Why this matters

The adjustment ensures the company remains compliant with SEBI (Issue of Capital and Disclosure Requirements) regulations before soliciting shareholder approval. By addressing NSE observations and securing a professional valuation, CP Capital is streamlining the process for its promoter and promoter group warrant issuance. All other aspects of the initial EGM notice, first issued on October 9, 2026, remain unchanged.

What changes now

The primary focus for investors shifts to the EGM on November 2, 2026. Shareholders will now vote on the warrant proposal based on the updated valuation and disclosures. The company has also verified its compliance through a certificate provided by practicing company secretary Bharat Rathore, which is now available for public review on the company website.

What to track next

Investors should monitor the outcome of the November 2 EGM to see if the proposal receives the necessary shareholder mandate. Continued adherence to post-EGM filing requirements will be essential for the eventual allotment of the warrants.